What Happened
Washington Leverages Dependence on US Suppliers in Trade Talks
The US has tightened its supply of aviation components to China amid ongoing trade talks. The Trump administration is leveraging China’s dependence on US suppliers to strengthen its negotiating position and force Beijing to relax its grip on rare earth minerals. The US Department of Commerce has slowed export licensing for airplane parts bound for China and is considering new regulations to restrict the supply of aircraft parts. This development was reported by International Finance.